UK house prices unexpectedly surged 0.8% between February and March

UK house prices unexpectedly increased by 0.8% between February and March 2023, according to data from Halifax released on Thursday. This surpassed economists’ predictions of a 0.3% contraction. Property prices…

NNR April 6, 2023

Wire

Walmart to expand EV charging stations to thousands of U.S. stores by 2030

Walmart is planning to add electric vehicle charging stations to thousands of U.S. stores by 2030, the company announced. The expansion will include Walmart and Sam’s Club locations across the…

NNR April 6, 2023

Wire

Google unveils faster and more efficient AI supercomputer, outpacing Nvidia systems

In a recent announcement, Google unveiled information about its latest artificial intelligence supercomputer, which boasts superior speed and efficiency compared to rival Nvidia systems. The development is of particular significance…

NNR April 5, 2023

Wire

UK Competition Authority advised to probe into Amazon and Microsoft’s Cloud Services

The UK regulator, Ofcom, has raised concerns about the difficulty for consumers to switch and use multiple cloud suppliers, which could be limiting competition in the internet industry. As a…

NNR April 5, 2023

Wire

Fanatics is acquiring Epi, an Italian sports merchandise company

Fanatics, the global leader in licensed sports merchandise, has made a significant move in the Italian market by acquiring Epi, an Italian sports merchandise company. The acquisition was made for…

NNR April 5, 2023

Wire

World Wrestling Entertainment (WWE) and Ultimate Fighting Championship (UFC) have agreed to merge

In a major development in the world of sports and entertainment, World Wrestling Entertainment (WWE) and Ultimate Fighting Championship (UFC) have agreed to merge to create a new company controlled…

NNR April 3, 2023

Wire

FTC orders Illumina to divest its $7.1 billion acquisition of cancer test developer Grail

The Federal Trade Commission (FTC) has ordered Illumina to divest its $7.1 billion acquisition of cancer test developer Grail, citing concerns that the deal would stifle innovation and competition in…

NNR April 3, 2023

Wire

General Motors sold over 60,000 vehicles in U.S. during first quarter of 2023

General Motors (GM) said automobile sales in U.S. surged 18% in the first quarter of 2023 from a year ago, to over 600,000 vehicles delivered. “We gained significant market share…

NNR April 3, 2023

Wire

Saudi Arabia and OPEC+ countries announce 1.16 million bpd cut in oil production

Saudi Arabia and other OPEC+ oil producing countries have announced further cuts in their production amounting to around 1.16 million barrels per day. Saudi Arabia said it would cut output…

NNR April 2, 2023

Wire

Tesla reports 36% increase in vehicles deliveries for first-quarter of 2023

American automaker Tesla reported 36% increase in deliveries in the first quarter of 2023 ended March 30 to 422,875 vehicles, compared to the 310,048 deliveries posted during the same period…

NNR April 2, 2023

Wire

U.S. government seeks to reduce or remove tax credits on electric cars

The U.S. government has notified electric vehicle tax rules that will reduce or remove tax credits on some zero-emission models but grant buyers another two weeks before the new requirements…

NNR April 1, 2023

Wire

Huawei partners Chery, BAIC,Anhui Jianghuai to produce Aito electric vehicles

Huawei Technologies is teaming up with Chery Automobile, BAIC Motor and Anhui Jianghuai Automobile Group in jointly developing and manufacturing Aito-branded electric vehicles, “Huawei, which has already a partnership with…

NNR April 1, 2023